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Governments relenting to the shut down with a shortterm funding deal. Mitch mcconnell praised the decision yesterday. After three days of an unnecessary lapse in funding, a bipartisan majority has brought the Democratic Leaders extraordinary filibuster to an end and pass the bipartisan deal to reopen the federal government. As i said repeatedly over the past week, shutting down the government isnt irresponsible way to do business. Markets rally on deal. The dow, nasdaq, s p 500 all closing record territories. Half a percent of the dow up 143 points or 26,214. The nasdaq up 1 higher. Now 74 weight. Features a sporting show momentum continue. All the major indices in positive territory. Though investors up 73 points. Nasdaq up another 10 points. In europe across the board take a look at the european indices right now. Dax or three quarters of 1 in germany up 132 points. The others in positive territory. Same story in asia as the best performer they are hong kong hang seng up one and two
DavosSwitzerland-general-SwitzerlandBelgiumJapanDubaiDubayyUnited-arab-emiratesWallstreetMissouriUnited-statesWhitehouseGood morning. Welcome to Worldwide Exchange on cnbc from a chilly davos, switzerland, im sara eisen. Im wilfred frost. Good morning to you from me. Were coming to you from the World Economic forum in davos, switzerland. The annual gathering of Global Political leaders, ceos and policymakers. Yes, it is chilly, but a fantastic setting. A fantastic setting and a lot of news. Our guests this morning include jim coulter, he will join us in a few moments. At 5 15, Princeton University president Christopher Eisgruber will be here to join us. At 5 30, Stephen Pagliuca stops by. And a wide ranging conversation on the economy with nourie Nouriel Roubini. Another busy morning ahead on Worldwide Exchange. A lot of headlines to discuss. Heres the cover of the china daily. President xi here at the World Economic forum getting a lot of attention, not just in davos, switzerland, around the world. Here is his home, boost open economies, a defender of globalism. This is the front and center debate. Hug
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